9.75% JM Financial Credit Solutions Limited NCD – May/June’18 – Should you Invest?

JM Financial Credit Solutions Limited NCD - May 18 JM Financial Credit Solutions Limited has come out with public issue of non-convertible debentures (NCD) offering up to 9.75% interest rate. The issue opens on May 28 and closes on June 20, 2018. JM Financial Credit Solutions Limited, a venture between JM Financial Limited holding 50.01% and INH Mauritius holding 48.62% is a non-banking finance company […] Continue reading →

Pradhan Mantri Vaya Vandana Yojana: Pension Scheme for Senior Citizens [updated as per Budget 2018]

Pradhan Mantri Vaya Vandana Yojana - PMVVY 2017 Our Prime Minister had announced a new Pension Scheme for Senior Citizens offering 8% returns for 10 years in December 2016. The proposal was also stated in Budget 2017. This has finally been launched on May 4, 2017 with the name of Pradhan Mantri Vaya Vandana Yojana 2017-18 (PMVVY). In this post we review PMVVY […] Continue reading →